Cloudiest Tokyo summer in 129 years leaves Japan's retailers hurting
The unusually long and cool rainy season has dampened demand for apparel, furniture and other goods, with some retailers reporting steep drops in sales of merchandise.
Uniqlo operator apologizes for saying South Korea boycott won't last long
Japan's largest clothing maker Fast Retailing Co. issued an apology on its Korean website for remarks that angered Korean customers amid the trade spat between Japan and South Korea. At its earnings news conference on July 11, the Uniqlo owner's chief financial officer Takeshi Okazaki ...
Fast Retailing Co. said Thursday its group net profit in the nine months to May rose 7.0 percent from a year earlier to ¥158.67 billion, its highest for the period, supported by growing overseas sales of its Uniqlo-brand casual clothing. The company said its group ...
Boycott Japan: South Koreans take to social media in reaction to trade spat
#BoycottJapan is trending in South Korea. Angered by Japan's move to restrict exports of vital manufacturing materials to the country, South Koreans have taken to Instagram and other social media platforms to show their support for boycotts of Japanese travel and consumer products. More than 2,400 ...
Calls for boycott of Japan grow in South Korea as wartime labor row simmers
The dispute appears to be devolving into a tit-for-tat trade war that will likely prove damaging to both sides.
Uniqlo operator to switch from plastic to paper bags worldwide from September
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Wednesday it will switch from plastic to paper shopping bags from September, joining worldwide efforts to tackle what many believe is one of the most pressing environmental issues. Under the plan, the company aims ...
Uniqlo, GU brand's Fast Retailing says 460,000 online accounts were accessed in Japan hack
Users’ personal information, purchase history and parts of credit card numbers may have been accessed, the Tokyo-based retailer said.
Can a new era prepare Japanese style to let go of Heisei trends?
It's early days of Reiwa, but so far, Japan's fashion industry looks set to continue playing it safe in the new era.
Fast Retailing cuts profit estimate as slowing Uniqlo sales in Japan offset brisk business abroad
Fast Retailing Co. said the brisk performance of its Uniqlo casual clothing brand in overseas markets helped lift the group's profits in its first half, but the firm also downgraded full-year estimates due to slowing sales at home. For the six months through February, its ...
Uniqlo operator Fast Retailing blames warm winter for surprise profit decline
Uniqlo operator Fast Retailing Co. Ltd. reported an unexpected decline in quarterly profit on Thursday, blaming warm weather for hurting winter clothing sales even as its Chinese business shrugged off concerns of a decelerating economy. Uniqlo has become Asia's biggest clothing retailer, helped in part ...
Uniqlo operator Fast Retailing nominates founder Tadashi Yanai's two sons to board
Fast Retailing Co. nominated its billionaire founder's two sons to the board of the Uniqlo operator, but their father insists neither is slated to take over his post, at least for now. After Asia's largest clothing retailer announced the nomination of Kazumi and Koji Yanai, ...
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its group net profit rose 29.8 percent to a record ¥154.81 billion ($1.38 billion) in the year through August thanks to strong sales at home and abroad. The company said its group operating ...
